Mccormick (MKC) Tax Rate (2009 - 2026)
Mccormick posted quarterly Tax Rate of 26.32% for Q1 2026, up 402.0% year-on-year from 5.24% in Q1 2025, and up 9.95% on a QoQ basis from 23.94% in Q4 2025.
Mccormick (MKC) has 18 years of Tax Rate data on file, last reported at 26.32% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 402.0% year-over-year to 26.32%; the trailing twelve-month figure through Feb 2026 stood at 22.26% (up 250.0% YoY), and the FY2025 full-year result was 21.45%, up 96.0% from the prior year.
- Tax Rate for Q1 2026 stood at 26.32%, up from 23.94% in the prior quarter.
- Across five years, Tax Rate topped out at 26.32% in Q1 2026 and bottomed at 13.53% in Q2 2024.
- The 5-year median for Tax Rate is 22.13% (2023), against an average of 21.27%.
- The widest annual swing landed in 2022, when Tax Rate tumbled 918 bps; it then soared 1056 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 23.3% in 2022, then fell by 5 bps to 22.16% in 2023, then gained by 15 bps to 25.44% in 2024, then declined by 6 bps to 23.94% in 2025, then grew by 10 bps to 26.32% in 2026.
- The last three Tax Rate figures came in at 26.32% (Q1 2026), 23.94% (Q4 2025), and 15.85% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 94,654.50 Bn | 94,654.50 Bn | - | - |
| 2 | Kraft Heinz | 28.03 Bn | 23.95 Bn | 2.22 Bn | 20.89 |
| 3 | Jbs | 19.23 Bn | 14.67 Bn | 2.32 Bn | -21.74 |
| 4 | General Mills | 18.04 Bn | 17.27 Bn | 1.37 Bn | 24.28 |
| 5 | Hormel Foods | 12.87 Bn | 11.99 Bn | 518.51 Mn | 23.63 |
| 6 | Mccormick | 12.46 Bn | 12.86 Bn | 708.90 Mn | 26.32 |
| 7 | Magnum Ice Cream | 11.56 Bn | 11.08 Bn | - | - |
| 8 | J M Smucker | 10.74 Bn | 10.69 Bn | 827.80 Mn | -11.09 |
| 9 | Smithfield Foods | 10.23 Bn | 9.16 Bn | 511.00 Mn | 22.29 |
| 10 | Darling Ingredients | 9.59 Bn | 9.63 Bn | 404.92 Mn | 21.99 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 26.32 |
| Feb 28, 2026 | 26.32 |
| Nov 30, 2025 | 23.94 |
| Nov 30, 2025 | 23.94 |
| Aug 31, 2025 | 15.85 |
| Aug 31, 2025 | 15.85 |
| May 31, 2025 | 24.10 |
| May 31, 2025 | 24.10 |
| Feb 28, 2025 | 22.31 |
| Feb 28, 2025 | 22.31 |
| Nov 30, 2024 | 25.44 |
| Nov 30, 2024 | 25.44 |
| Aug 31, 2024 | 16.65 |
| Aug 31, 2024 | 16.65 |
| May 31, 2024 | 13.53 |
| May 31, 2024 | 13.53 |
| Feb 29, 2024 | 25.53 |
| Feb 29, 2024 | 25.53 |
| Nov 30, 2023 | 22.16 |
| Nov 30, 2023 | 22.16 |
| Aug 31, 2023 | 21.41 |
| Aug 31, 2023 | 21.41 |
| May 31, 2023 | 22.13 |
| May 31, 2023 | 22.13 |
| Feb 28, 2023 | 21.57 |
| Feb 28, 2023 | 21.57 |
| Nov 30, 2022 | 23.30 |
| Nov 30, 2022 | 23.30 |
| Aug 31, 2022 | 21.59 |
| Aug 31, 2022 | 21.59 |
| May 31, 2022 | 16.72 |
| May 31, 2022 | 16.72 |
| Feb 28, 2022 | 19.11 |
| Feb 28, 2022 | 19.11 |
| Nov 30, 2021 | 23.05 |
| Nov 30, 2021 | 23.05 |
| Aug 31, 2021 | 13.42 |
| Aug 31, 2021 | 13.42 |
| May 31, 2021 | 22.07 |
| May 31, 2021 | 22.07 |
| Feb 28, 2021 | 28.30 |
| Feb 28, 2021 | 28.30 |
| Nov 30, 2020 | 23.22 |
| Nov 30, 2020 | 23.22 |
| Aug 31, 2020 | 19.27 |
| Aug 31, 2020 | 19.27 |
| May 31, 2020 | 17.87 |
| May 31, 2020 | 17.87 |
| Feb 29, 2020 | 18.31 |
| Feb 29, 2020 | 18.31 |
| Nov 30, 2019 | 24.77 |
| Nov 30, 2019 | 24.77 |
| Aug 31, 2019 | 16.80 |
| Aug 31, 2019 | 16.80 |
| May 31, 2019 | 18.66 |
| May 31, 2019 | 18.66 |
| Feb 28, 2019 | 13.81 |
| Feb 28, 2019 | 13.81 |
| Nov 30, 2018 | 21.55 |
| Nov 30, 2018 | 21.55 |
| Aug 31, 2018 | 13.11 |
| Aug 31, 2018 | 13.11 |
| May 31, 2018 | 22.21 |
| May 31, 2018 | 22.21 |
| Feb 28, 2018 | -189.05 |
| Feb 28, 2018 | -189.05 |
| Nov 30, 2017 | 25.86 |
| Nov 30, 2017 | 25.86 |
| Aug 31, 2017 | 24.81 |
| Aug 31, 2017 | 24.81 |
| May 31, 2017 | 22.96 |
| May 31, 2017 | 22.96 |
| Feb 28, 2017 | 27.80 |
| Feb 28, 2017 | 27.80 |
| Nov 30, 2016 | 29.71 |
| Nov 30, 2016 | 29.71 |
| Aug 31, 2016 | 22.29 |
| Aug 31, 2016 | 22.29 |
| May 31, 2016 | 23.13 |
| May 31, 2016 | 23.13 |
| Feb 29, 2016 | 26.91 |
| Feb 29, 2016 | 26.91 |
| Nov 30, 2015 | 29.86 |
| Nov 30, 2015 | 29.86 |
| Aug 31, 2015 | 29.85 |
| Aug 31, 2015 | 29.85 |
| May 31, 2015 | 15.86 |
| May 31, 2015 | 15.86 |
| Feb 28, 2015 | 24.81 |
| Feb 28, 2015 | 24.81 |
| Nov 30, 2014 | 25.95 |
| Nov 30, 2014 | 25.95 |
| Aug 31, 2014 | 21.42 |
| Aug 31, 2014 | 21.42 |
| May 31, 2014 | 28.49 |
| May 31, 2014 | 28.49 |
| Feb 28, 2014 | 31.14 |
| Feb 28, 2014 | 31.14 |
| Nov 30, 2013 | 24.34 |
| Nov 30, 2013 | 24.34 |
| Aug 31, 2013 | 26.21 |
| Aug 31, 2013 | 26.21 |
| May 31, 2013 | 29.62 |
| May 31, 2013 | 29.62 |
| Feb 28, 2013 | 28.47 |
| Feb 28, 2013 | 28.47 |
| Nov 30, 2012 | 24.60 |
| Nov 30, 2012 | 24.60 |
| Aug 31, 2012 | 25.02 |
| Aug 31, 2012 | 25.02 |
| May 31, 2012 | 28.70 |
| May 31, 2012 | 28.70 |
| Feb 29, 2012 | 30.03 |
| Feb 29, 2012 | 30.03 |
| Nov 30, 2011 | 28.56 |
| Nov 30, 2011 | 28.56 |
| Aug 31, 2011 | 26.80 |
| Aug 31, 2011 | 26.80 |
| May 31, 2011 | 31.05 |
| May 31, 2011 | 31.05 |
| Feb 28, 2011 | 30.33 |
| Feb 28, 2011 | 30.33 |
| Nov 30, 2010 | 26.74 |
| Nov 30, 2010 | 26.74 |
| Aug 31, 2010 | 16.04 |
| Aug 31, 2010 | 16.04 |
| May 31, 2010 | 30.16 |
| May 31, 2010 | 30.16 |
| Feb 28, 2010 | 30.86 |
| Feb 28, 2010 | 30.86 |
| Nov 30, 2009 | 63.63 |
| Nov 30, 2009 | 63.63 |
| Aug 31, 2009 | 30.84 |
| Aug 31, 2009 | 30.84 |